The shipping business in DryShips is still operating at a loss. Since DryShips has a majority ownership in public company Ocean Rig RDW, DryShips reports the results of the two mixed together as one ...
There may be a serious mispricing between the two. It's not arbitrage Some will say it's an arbitrage trade, but it's not. An arbitrage trade is where you can buy and sell the exact same asset nearly ...
It is no secret that many stocks and many sectors have risen sharply after the surprising victory of Donald Trump to be the next president of the United States. Many others have fallen as they would ...
"When trading [in DryShips stock] ultimately does resume, it could just as easily end in tears as in cheers." Well, you cannot say I did not warn you. After roughly 24 hours of having its trading ...
Shares of DryShips Inc. rocketed 26% in active premarket trade Thursday, after the cargo ship operator said it received a buyout proposal from SPII Holdings Inc., which is controlled by DryShips' ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. A couple of months ago I wrote about DryShips, a bulk freighter company whose stock ...
Throughout most of the first part of the year, DryShips continued to struggle, as slow conditions in the industry made some of its past decisions look silly. For instance, in January, DryShips had to ...
As a reminder, DryShips owns over 59% of Ocean Rig. At the time of this writing, the Ocean Rig stake is worth $1.26 billion, which is slightly more than the market cap of DryShips alone. What this ...
DryShips is an interesting cyclical investment whose intrinsic value is seriously discounted by the market. DryShips' stock has nicely rebounded from its lows and should continue to rise as the market ...
DryShips owns an enormous equity stake in public company Ocean Rig UDW. Despite this, management has decided to forgo cashing in some of the company's Ocean Rig UDW shares, and instead sell its own ...
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